P B : SECOND INTERIM REPORT 2022

(incorporated in Cayman Islands with limited liability)

(Stock code: 8331)

2022

SECOND INTERIM REPORT

CHARACTERISTICS OF THE GEM OF THE STOCK EXCHANGE OF HONG KONG LIMITED (THE "STOCK EXCHANGE")

GEM has been positioned as a market designed to accommodate small and mid-sized companies to which a higher investment risk may be attached than other companies listed on the Stock Exchange. Prospective investors should be aware of the potential risks of investing in such companies and should make the decision to invest only after due and careful consideration.

Given the companies listed on GEM are generally small and mid-sized, there is a risk that securities traded on GEM may be more susceptible to high market volatility than securities traded on the Main Board of the Stock Exchange and no assurance is given that there will be a liquid market in the securities traded on GEM.

Hong Kong Exchanges and Clearing Limited and the Stock Exchange take no responsibility for the contents of this report, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this report.

This report, for which the directors (the "Directors") of P.B. Group Limited (the "Company", together with its subsidiaries, the "Group") collectively and individually accept full responsibility, includes particulars given in compliance with the Rules Governing the Listing of Securities on the GEM of the Stock Exchange (the "GEM Listing Rules") for the purpose of giving information with regard to the Company. The Directors, having made all reasonable enquiries, confirm that to the best of their knowledge and belief the information contained in this report is accurate and complete in all material respects and not misleading or deceptive, and there are no other matters the omission of which would make any statement herein or this report misleading.

CONTENTS

Corporate Information	3
Management Discussion and Analysis	5
Corporate Governance and Other Information	23
Condensed Consolidated Statement of
Profit or Loss and Other Comprehensive Income	31
Condensed Consolidated Statement of Financial Position	32
Condensed Consolidated Statement of Changes in Equity	34
Condensed Consolidated Statement of Cash Flows	36
Notes to the Condensed Consolidated Interim Financial Statements	37

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CORPORATE INFORMATION

BOARD OF DIRECTORS

Executive Directors

Dr. CHAN Man Fung (Co-chairman)

Mr. PUI Wai Lun (Co-chairman)

Mr. SU Chun Xiang

Mr. PANG Ho Yin

Independent Non-executive Directors

Mr. YIP Chong Ho Eric

Mr. CHOW Chi Hang Tony

Mr. ZHANG Kun

(retired on 24 June 2022)

Dr. KWOK Hiu Fung

(appointed on 23 September 2022)

AUTHORISED

REPRESENTATIVES

Dr. CHAN Man Fung

Ms. CHIK Wai Chun

COMPANY SECRETARY

Ms. CHIK Wai Chun

COMPLIANCE OFFICER

Mr. SU Chun Xiang

AUDIT COMMITTEE

Mr. YIP Chong Ho Eric (Chairman)

Mr. CHOW Chi Hang Tony

Mr. ZHANG Kun

(retired on 24 June 2022)

Dr. KWOK Hiu Fung

(appointed on 23 September 2022)

NOMINATION COMMITTEE

Mr. CHOW Chi Hang Tony (Chairman)

Mr. YIP Chong Ho Eric

Mr. ZHANG Kun

(retired on 24 June 2022)

Dr. KWOK Hiu Fung

(appointed on 23 September 2022)

REMUNERATION COMMITTEE

Mr. YIP Chong Ho Eric (Chairman)

Mr. CHOW Chi Hang Tony

Mr. ZHANG Kun

(retired on 24 June 2022)

Dr. KWOK Hiu Fung

(appointed on 23 September 2022)

AUDITORS

BDO Limited

25th Floor

Wing On Centre

111 Connaught Road Central

Hong Kong

REGISTERED OFFICE

71 Fort Street

P.O. Box 500, George Town

Grand Cayman KY1-1106

Cayman Islands

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HONG KONG OFFICE AND	HONG KONG BRANCH SHARE
PRINCIPAL PLACE OF	REGISTRAR AND TRANSFER
BUSINESS	OFFICE
Room 1601, 16/F	Tricor Investor Services Limited
Park Commercial Centre	17/F, Far East Finance Centre
180 Tung Lo Wan Road	16 Harcourt Road
Causeway Bay	Hong Kong
Hong Kong	LEGAL ADVISER
COMPANY'S WEBSITE

www.thepbg.com

COMPANY'S STOCK CODE

8331.HK

PRINCIPAL SHARE REGISTRAR AND TRANSFER OFFICE

Appleby Global Services

(Cayman) Limited

71 Fort Street

P.O. Box 500, George Town

Grand Cayman KY1-1106

Cayman Islands

(As to Cayman Islands Law) Appleby Global Services

(Cayman) Limited

PRINCIPAL BANKERS

Bank of China Limited (Wuhu branch) Industrial and Commercial Bank of

China Limited (Fanchang branch)

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